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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: barrcuda who wrote (2483)	3/23/1998 1:16:00 PM
From: John Curtis	Respond to of 27311

David: LOL! We're everywhere, we're everywhere. ;-) Meanwhile, somebody must not think too highly of that article, currently trading $4 3/4 x $4 13/16. However, it does seem nailed to that bid/ask since it hasn't moved from there in the last....oh....hour? If it closes below $5 me thinks it'll stay pretty much between $4.50 & $5.05 until VLNC comes out with some news. Tactically speaking now would be the time for them to let out some positive information on where they stand. After all, free press is free press, might as well take advantage of it.....that's IF they've got something good to counter with... Strategically speaking, if there are any folks still with margin positions on this puppy, keeping it down in the mid $4's enables MM's to eventually scooooop up more cheapie shares, just on potential margin calls. This isn't too probable in my view since we've stayed down around $5 for a small amount of time already, but it's still a potential play while we waffle around and wait on that aforementioned positive news. Regards! John~